[jinushaun]

"There was some back and forth about how best to combat piracy, with some in the audience advocating a strategy that supplies more content in new, affordable avenues to undercut the temptation to steal, and Fithian arguing that cheap-prices-up-front approaches such as Netflix streaming and $1 Redbox kiosks are "bad business models.""

Clueless

[numeromancer]

...Fithian arguing that cheap-prices-up-front approaches such as Netflix streaming and $1 Redbox kiosks are "bad business models.""

I read this as "if we sell movies this way I'll have to work for a living."

[waterlesscloud]

Fithian represents NATO, the theater owner trade association.

He has zero interest in promoting anything other than theatrical distribution.

[haakon]

Oh. I was wondering why there was such a heavy military presence on the panel.

[MrScruff]

Care to elaborate?

[gregd]

I think what's he's saying is that it's a bad business model for Hollywood, but it's exactly the kind of business model people are willing to pay for.

[MrScruff]

If you reduce your price by 10x then you need to attract 10x as much custom to break even. I don't think it's a given at all that moving to internet streaming and ultra cheap pricing is going to be good for business.

[jonknee]

That's not 10x cheaper. Blockbuster or any other brick and mortar video rental shop have similar pricing. Buying a movie and renting a movie are different things.